LedgerX has launched its first Bitcoin (BTC) price volatility index. The launch of LedgerX Volatility Index (LXVX) was revealed to Cointelegraph by the company’s spokesperson on Jan. 14.
LedgerX is a cryptocurrency asset manager regulated by the United States Commodity Futures Trading Commission (CFTC). The official press release shared with Cointelegraph explains how the index is formed: